Many investors are waiting for SHIB to reach $0.001, but the reality is not that simple. Some early supporters have made millions of dollars in profit, but they have experienced a decline from the all-time high of $0.00008616 in October 2021. Still, the community has not given up on the goal of $0.001.

The biggest challenge to reaching this price level is SHIB's enormous supply. Currently, about 589 trillion tokens are in circulation, and unless supply is significantly reduced, reaching $0.001 is considered difficult. If SHIB reaches $0.001, its market capitalization would become unrealistically huge.

According to expert predictions, it will take roughly from 2033 to 2040 for SHIB to reach $0.001. However, if the project can burn over 1 trillion tokens annually, this goal could be achieved even sooner. The SHIB team is reportedly working on a new burn mechanism, and supply reduction is key.

Currently, the price of 1 billion SHIB is about $24,000. To hold $1 million worth of SHIB, you need 1 billion tokens, which is a relatively achievable amount. The path to $0.001 is long, but with ongoing supply reduction, it may not be impossible.